SplitJul 8, 2026, 08:51 AM
Baiya International Group Announces 1-for-10 Reverse Stock Split
AI Summary
Baiya International Group Inc. announced that its board of directors has approved a 1-for-10 reverse stock split of its Class A ordinary shares. This action is intended to meet The Nasdaq Capital Market's minimum $1.00 per share bid requirement for maintaining its listing. The reverse stock split will become effective on July 10, 2026, with split-adjusted trading beginning on July 13, 2026, reducing outstanding shares from 26,992,110 to approximately 2,699,211.
Key Highlights
- Board approved a reverse stock split at a ratio of 1-for-10.
- Post-Reverse Stock Split par value will be US$0.025.
- Effective date for the Reverse Stock Split is July 10, 2026, at 04:01 p.m. (ET).
- Split-adjusted trading will commence on July 13, 2026.
- Pre-Reverse Stock Split outstanding shares totaled 26,992,110 Ordinary Shares.
- Outstanding shares will be reduced to approximately 2,699,211 Ordinary Shares.
- The new CUSIP number for the Ordinary Shares will be G07064 127.
Price Impact
More from BIYA